Roth conversions can be a powerful retirement-planning strategy. Watch this clip from Retirement University’s online course, “Tax-Saving Strategies in Retirement” to learn how Roth conversions could potentially fit into your retirement plan. What is a Roth Conversion? Simply put, a Roth Conversion is the transfer of assets from a traditional retirement account to a Roth IRA account. What are the benefits of a Roth Conversion? Once your traditional retirement funds are converted into a Roth account, they can grow tax-free. If your funds were to remain in a traditional IRA, you would pa ..read more

  Retirement is your time to enjoy the things you postponed during your working years. Many of our clients enjoy being able to travel and indulge in the things they have saved for so diligently. Sometimes, paying for a long-awaited trip means withdrawing more from your retirement funds. It’s important for you to carefully consider the tax implications of withdrawing more from accounts like IRAs. Keep in mind that increasing your taxable income can increase how much of your social security is taxable as well. To better understand just how important this consideration is for your retiremen ..read more

As spring approaches, we believe it’s essential for you to embrace outdoor activities that promote physical health, social connection, and mental well-being. That’s why we’ve curated a list of enriching spring-time activities tailored specifically for you: Nature Walks: Take advantage of local parks and nature reserves for nature walks, it is a great way to exercise and be social. Gardening: Gain a sense of accomplishment and relaxation with gardening projects, offering both physical activity and therapeutic benefits. Picnics: Enjoy the warmer weather and camaraderie with outdoor picnics, co ..read more

    Introduction: In our exploration of ear health, we’ve embarked on a journey with Hillary R. Perry, an esteemed audiologist, to unravel the complexities surrounding hearing loss and the diverse world of hearing aids. This comprehensive guide combines insights from our webinar discussion to offer readers a holistic understanding of ear health. Understanding Hearing Loss: Hearing loss can affect anyone, and its impact extends beyond the inability to hear certain frequencies. In the webinar, we delved into the different types of hearing loss, including sensorineural, conductive, and ..read more

Are you considering passing down your assets to the next generation? Explore effective strategies for transferring your wealth, initiate the estate-planning process, and discover how estate planning can potentially minimize your tax obligations. Read these tips below to get started!   Who needs an estate plan? Everyone needs an estate plan, regardless of wealth, because it aids a smooth transfer of assets and addresses issues like incapacity planning. What happens if you don’t create an estate plan? If you don’t create your own plan, state laws dictate how assets pass, often not refl ..read more

Losing a loved one can feel truly overwhelming. From paperwork to arrangements to finances, the to-do list can be daunting in an already vulnerable time. One of the things that can help ease the financial burden families face when a loved one passes is understanding and utilizing Social Security Survivor benefits. How do Social Security Survivor Benefits work? In simple terms, when you pay into Social Security, a portion of your taxes go toward survivor benefits for workers and families. Throughout your working years, those contributions earn you credits toward your survivor benefits. The a ..read more

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MAKING A CHARITABLE GIFT Why sell shares when you can give them? If you have appreciated stocks in your portfolio, you might want to consider donating those shares to charity rather than selling them.   Donating appreciated securities to a tax-qualified charity may allow you to manage your taxes and benefit the charity. If you have held the stock for more than a year, you may be able to deduct from your taxes the fair market value of the stock in the year that you donate. If the charity is tax-exempt, it may not face capital gains tax on the stock if it sells it in the future.1 Keep ..read more

  When it comes to achieving your financial goals, one investment avenue that stands out is annuities. Annuities offer a unique combination of protection and growth potential, making them an attractive choice for individuals who prioritize security. In this article, we will delve into the workings of annuities and explain why they can be a prudent investment option for you. Annuities: Providing a Foundation of Security Annuities are insurance products designed to provide a stream of income over a specific period, typically during retirement. They offer a sense of security by safeguarding ..read more